We talk legal tech & business trends in 2020, and then we talk legal project management and get agile and lean w/ Jessica Robinson of Casepoint.
25+ Legal Tech and Business of Law Predictions for 2020
Today’s Hot Take comes to us from Aderant.com, “25+ Legal Tech and Business of Law Predictions for 2020.” There’s quite a lot to unpack here, but the article is basically the results of a survey:
“For the third year in a row, we’ve reached out to big thinkers in the legal community and asked them for their predictions for legal tech and the business of law in 2020. Some of these predictions are grand, and some are pointed; all are interesting.Importantly, these fascinating predictions are not grouped or ordered by any importance.”
Two of these predictions really stuck out to us and are relevant to today’s episode regarding project management.
The first one mentions lean and six sigma project management strategies:
“Pricing and process come back into focus – Legal technology will continue to advance, especially with the advent of AI. There will be more attention paid to client focus, improved value and efficiency. Alternative fee arrangements and other pricing strategies will be brought back into a renewed focus coupled with a focus on process improvement and project management, employing lean and six sigma principles to providing efficient and cost-effective legal services.”
– Frederick J. Esposito, Jr., MBA, CLM, Rivkin Radler LLP
The second is that project management decisions are going to be less in the hands of the finance folks, and more in the hands of those in the firm with more client experience:
“As sophistication grows across the legal industry, both the AmLaw 100 and Second Hundred firms will understand Pricing sits at the intersection of Marketing/Business Development/Client Relationships, which will push the P+PM functions out of the Finance silo. Look for an increase in Chief Pricing Officer roles to emerge as a result.”
– Patrick Johansen, CLM, CPP, Pricing Strategist, Law Firm Pricing
“Given all the change – the skill set to solve problems is project management.”
Jessica Robinson is the vice president of client services for Casepoint – an attorney with more than 17 years of experience in the legal industry, 16 of which were spent working for such notable Am Law 100 firms as Morgan, Lewis & Bockius, Morrison & Foerster, Crowell & Moring, and Paul Hastings. She has served in a variety of operational leadership roles, ranging from Litigation Support and Senior Firmwide eDiscovery Resource Manager to Firmwide Director of eData Practice Support and the eData Project Management Office. Jessica earned her J.D. from Wake Forest University School of Law and her M.B.A. from Wake Forest University, Babcock Graduate School of Business.
Get More Information About E-Discovery and Legal Project Management
Be sure to listen to the entire podcast episode for information and conversation about how to use Casepoint for e-discovery, how project management can benefit a law firm and help lawyers be more effective problem solvers and more. If you want more LAWsome subscribe to the show on your favorite podcast platform, and for the latest in legal marketing insights and information be sure to subscribe to the Consultwebs Newsletter here –>SUBSCRIBE<—